Currency

May
23

Could the big gains lie away from bitcoin in the crypto recovery?

Crypto traders are expected to look beyond just bitcoin when seeking to take advantage of the recent crypto recovery.

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May
21

This is what’s causing the latest bitcoin price surge

The ongoing U.S.-China trade war and a forthcoming cyclical halving in 2020 are two big reasons for the bitcoin price surge.

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May
21

Frost & Sullivan: The great shift towards a cashless society

Banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands

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May
20

Bank of England’s chief economist thinks Bitcoin could replace cash

It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace cash, according to an eyewitness’s account. The 51-year academic made the statement when he was interacting with an audience of students. One of them asked Haldane about his thoughts on the future of cryptocurrencies. Haldane replied that he believed bitcoin, in particular, would become as relevant as cash in the next 20-30 years. “Mr. Haldane said it [bitcoin] could replace cash, he even joked about us likely having […]
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May
16

Top crypto exchange Coinbase managing $1bn of institutional money

Institutional investors have deposited over $1bn (A$1.44bn) with cryptocurrency exchange Coinbase, according to its CEO.

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May
15

‘World is waking up to that’: Bitcoin surging as investors flock back to cryptocurrencies

Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices.

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May
13

Bitcoin’s rally gains steam as it surges above $US7000

Bitcoin climbed to its highest mark since September, jumping over $US7,500 at one stage, as a rally in cryptocurrencies gathered pace in weekend trading.

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May
09

PayPal skips Bitcoin while ‘clearly working on Blockchain and Cryptocurrency’

PayPal believes it is too early to pronounce Bitcoin as the future of payments. Nevertheless, the $128 billion financial services firm is pursuing blockchain and cryptocurrency projects.

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